Which term refers to the body of enforceable rules governing relationships among individuals and their society?

Prepare for the TAMU MGMT311 Exam with comprehensive resources. Engage in multiple choice questions and in-depth explanations to ensure success. Equip yourself with the knowledge needed to excel in the legal and social business environment.

The term that best encompasses the concept of enforceable rules governing relationships among individuals and their society is "Law." This broad term includes not only statutes enacted by legislative bodies but also common law, administrative regulations, and judicial decisions that together form a comprehensive system of rules. Law serves as a framework for social order, guiding behavior and resolving conflicts within the community. It ensures that individuals understand their rights and responsibilities, thereby maintaining public order and protecting individual freedoms.

Other choices focus on specific types or sources of law. Statutory law refers exclusively to laws enacted by legislatures, while constitutional law pertains specifically to the interpretation and application of constitutional provisions. Ordinances are localized laws enacted by municipal authorities, addressing specific issues within a city or town. While each of these is a crucial component of the broader legal system, they do not capture the entirety of the enforceable rules governing societal relationships as broadly as the term "Law" does.

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